bailout - Olive Press News Spain

Norwegian Airlines cuts 1,200 jobs and closes bases across Spain

TROUBLED low-cost carrier Norwegian Airlines has announced that it will cut 1,200 jobs across Spain in a European restructuring plan as it battles with debt during the COVID-19 pandemic. The Oslo based

4 May, 2021 @ 12:45

Business & Finance·Lead

Valencia's Air Nostrum in Spain and Ireland's CityJet get EU merger approval for second time

Air Nostrum based in Spain’s Valencia region asks for government bailout loan

THE Valencian airline Air Nostrum has asked for a €103 million bailout loan from the Spanish government’s rescue fund. The company says that it lost €129 million last year because of travel

16 Apr, 2021 @ 17:00

Travel News·Valencia·Valencian Community

Spain to pay EU billions back in bailout loans ahead of schedule

The economy ministry has announced that €2.5 billion will be transferred to the European Union

21 May, 2015 @ 13:23

Business & Finance·Lead·National News

Bankia sells off unsecured loans

Two American firms have purchased millions of euros worth of unsecured loans

17 Nov, 2014 @ 11:18

Business & Finance·Other News

Competition hots up to take on €50 million of Spanish ‘bad bank’ property assets

Five companies are still in the running, including Solvia, the real estate platform of Spanish lender Sabadell

28 Sep, 2014 @ 16:20

National News

Spain gives €70m cash injection to save national science agency from bankruptcy

The new injection of funds follows an emergency funding package of €25m in June

19 Oct, 2013 @ 12:54

Lead

EU rejects ‘Cyprus solution’ in Spain

EU denies that savers could see accounts raided to save the euro

6 Apr, 2013 @ 10:00

Lead

Sevilla residents take to the streets to protest against budget cuts

Up to 500 demonstrators shouted slogans, as similar marches took place across the country

17 Oct, 2012 @ 17:46

Photo·Sevilla

Junta to request €5,000 million bailout this week

Request likely to come Tuesday, as Andalucia hopes for upwards of €3,000 million

8 Oct, 2012 @ 15:25

Business & Finance

bankia needs billion bailout spain according to stress tests

Good(ish) news for Spanish banks

Relief as ‘stress tests’ reveal only half its banks need a bailout

3 Oct, 2012 @ 13:22

Business & Finance·Lead

protests in madrid spain against austerity measures

Anti-austerity protests set to continue throughout Spain

Last night protestors from Coordinadora 25S and 15M attempted to surround Madrid's parliament buildings

26 Sep, 2012 @ 18:08

Business & Finance·National News

Spain dismisses need for urgent bailout

Prime Minister Mariano Rajoy tells parliament that rescue fund may not be needed

13 Sep, 2012 @ 15:23

Lead·National News

Spanish PM defiant over bailout conditions

Mariano Rajoy insists Spain will not seek rescue package if EU demands further cuts

11 Sep, 2012 @ 13:30

Lead·National News

Spain faces bailout delay

EU forces Spanish government to wait for €30 billion cash injection

10 Sep, 2012 @ 12:10

National News

Andalucia requests €1 billion bailout

Mounting debts force regional bosses to take begging bowl to Madrid

4 Sep, 2012 @ 16:44

Government debt ceiling condemns Andalucia to yet more cuts

Schools, hospitals and public servant positions will be the first to go

2 Aug, 2012 @ 16:57

Lead

Spain’s biggest battle since Franco

Analysis by James Bryce

25 Jul, 2012 @ 10:57

Business & Finance·Opinion

Meltdown in Spain

The economy is on the brink of collapse, threatening to take the euro down with it

25 Jul, 2012 @ 10:48

Lead·National News

Bank ‘bale’ out takes immediate effect

Business as usual at this branch of Barclays in Estepona

4 Jul, 2012 @ 09:37

Photo

Vanishing act

Bartie questions what Greece did with the bailout money

29 Jun, 2012 @ 17:54

Max Bartie

‘Junk’ status as Spain asks for bailout

Ratings agency Moody’s took the action against lenders including Santander

27 Jun, 2012 @ 12:03

Business & Finance·National News·Other News

Spain will need bailout of between €51-62 billion, according to official audit

Figures announced just days after world leaders urge Rajoy to seek formal rescue package

22 Jun, 2012 @ 13:00

Business & Finance·National News

Spain’s borrowing costs hit record high

Fears over full blown bailout increase as Moody's slashes the country's credit rating to just above 'junk' status

14 Jun, 2012 @ 13:00

Business & Finance

Spanish bailout no more than a sticking plaster

€100 billion bailout of Spain banks dismissed as a temporary solution

14 Jun, 2012 @ 12:53

Business & Finance·Lead

Spanish Prime Minister warns of tough times ahead despite €100 billion bailout

Mariano Rajoy claims negative growth will continue and unemployment will rise further

11 Jun, 2012 @ 14:42

Lead·National News

Spain to request €60 billion bailout on Saturday

Set to become the fourth eurozone country to require financial rescue package

8 Jun, 2012 @ 17:40

Business & Finance·National News